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RollingNews.ie

A new report is predicting house prices to keep rising over the next 12 months

The Sunday Times Property Price Guide says prices in some areas could rise by up to 20% in 2018.

PROPERTY IN SOME parts of the country could rise by as much as 20% over the course of this year, according to a new price guide due to be published this weekend.

The Sunday Times Property Price Guide for 2018 will be published tomorrow and aims to provide an overview of the current state of the market in the country.

The guide states that property prices will rise by an average of 8% over the entire country and that almost all areas will see some increase.

The guide predicts across-the-board increases, except in Donegal where price falls are being predicted due to Brexit impacting on the number of buyers from across the border.

The guide states that Dublin estate agents are predicting price increases in capital of between 5-10% with some postcodes such as Dublin 4 and Dublin 12 could see price values rise by as much 15%.

A lack of supply is contributing to the steady increases in prices but the guide points to Dublin developments in Boland’s Quay, the old Cuckoo’s Nest pub site in Dublin 24 and Ardilaun Court in Raheny.

In Cork, property price increases are expected to rise by between 8-10% while house prices in Limerick city’s suburbs could rise by as much as 20% in 2018.

In Galway, a jump of 15% is being predicted over 2018 in Salthill and in the city with increases of 8% elsewhere in the county.

The price guide is compiled based on interviews, current prices and analysis of trends.

Read: Almost no change in house prices in second half of 2017 – but it doesn’t mean a bubble has burst >

Read: House prices are within a year of getting close to Celtic Tiger peaks in some urban areas >

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    Mute PAUL BOHAN
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    Jun 22nd 2022, 5:40 PM

    This will just exasperate the cost of living crisis

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    Mute Nick Caffrey
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    Jun 22nd 2022, 6:36 PM

    @PAUL BOHAN:

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    Mute G man
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    Jun 22nd 2022, 6:58 PM

    The aul BallyMcgash is a rare sight nowadays

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    Mute Chris Creagh
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    Jun 22nd 2022, 7:15 PM

    Had to Google butane honey oil

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    Mute Dearbhla O Reilly
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    Jun 22nd 2022, 7:20 PM

    @Chris Creagh: for making edibles usually.

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    Mute GerMcKenna
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    Jun 22nd 2022, 7:30 PM

    @Chris Creagh: yeah very telling that synthetic cannabis was found too, most of the edibles doing the rounds are just made with spice etc

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    Mute Joe_X
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    Jun 22nd 2022, 7:44 PM

    @Chris Creagh: likewise….never heard of the stuff

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    Mute François Pignon
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    Jun 22nd 2022, 11:13 PM

    Waste of drugs, loss of government tax revenue and waste of taxpayers money. The only ones laughing are the dealers.

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    Mute Sean
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    Jun 23rd 2022, 8:08 AM

    @François Pignon: yes even though individual seizures of this nature affects dealers they will have a certain amount of “aisle spillage” included as a cost. Just as regular folk pay tax. Certainly at the higher levels this wouldn’t be noticed and would be a drop in the ocean. The policy of keeping drugs prohibited however increases massively the premium paid for drugs and also eliminates competition from legal licensed providers so that keeps dealers profits sky high.

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    Mute Mick Hyland
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    Jun 22nd 2022, 10:12 PM

    Good boys, Bailey and Sam

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    Mute Caddyshack
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    Jun 22nd 2022, 11:41 PM

    Bailey looks high in that photo

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    Mute Frank Flanagan
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    Jun 23rd 2022, 1:00 AM

    Back in the day when the authorities gave a damn, they would have done a controlled delivery to the addresses – then raided the house 5mins later and made an arrest. Too much paperwork now, so they don’t bother.

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    Mute Declan Doherty
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    Jun 23rd 2022, 6:52 AM

    @Frank Flanagan: The nature of buying on the dark net means there’s no paper trail and so no way to prove the person ordered the drugs. It’s such a complete waste of time and resources because most of the packages make it to the address anyway. They will never stop people getting what they want and the sooner government wake up to that reality the safer it will be for everyone.

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